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401 1st St

Minneapolis, MN 55401

1 bd 1 ba 943 sqft Built 1989 Lot 943 sqft condos
Most recent sale
$281,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $281,000 MLS #6198179
Jun 17, 2022 Price changed $299,000 MLS #6198179
May 19, 2022 Listed $315,000 MLS #6198179
Sep 16, 2015 Sold $242,000 MLS #4575381
Apr 29, 2015 Sold $242,000 Public Record
Mar 23, 2015 Listed $250,000 MLS #4575381
Dec 14, 2012 Sold $211,000 MLS #4193889
Oct 19, 2012 Price changed $224,900 MLS #4193889
Oct 5, 2012 Price changed $234,900 MLS #4193889
Sep 24, 2012 Listed $249,000 MLS #4193889
Sep 19, 2007 Sold $232,000 Public Record
Oct 17, 2005 Sold $239,917 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $290,305 $4,243
2019 $290,305 $4,189
2018 $277,770 $3,904
2017 $257,060 $3,522
2016 $225,450 $3,387
2015 $210,735 $3,540
2014 $203,800 $8,200 $212,000 $3,325
2013 $177,300 $8,200 $185,500 $3,340
2012 $177,300 $8,200 $185,500 $3,352
2011 $182,800 $8,200 $191,000 $3,197
2010 $181,500 $9,500 $191,000 $2,958
2009 $193,000 $9,500 $202,500 $3,048
2008 $208,500 $9,500 $218,000 $2,778
2007 $213,200 $9,500 $222,700 $2,869

Property facts

Year built
1989
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
943 sqft
Lot size
943 sqft
ZIP code
55401
City
Minneapolis
Street
1st St
Coordinates
44.98091, -93.26084

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,415
Gross rental yield
6.04%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 401 1st St last sell?
401 1st St most recently sold on Jul 15, 2022 for $281,000.
What is the current tax assessment for 401 1st St?
The most recent total assessment for 401 1st St (year 2020) is $290,305 with $4,243 in property tax.
How does 401 1st St's assessment compare to its last sale price?
The current assessment is 3.3% above the last sale price of $281,000.
When was 401 1st St built?
401 1st St was built in 1989.
How does 401 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 401 1st St?
401 1st St is a 1 bed, 1 bath, 943 sqft, 943 sqft lot condos.
Is 401 1st St a flip candidate?
No — 401 1st St does not appear in our flips dataset.
Is 401 1st St a tax-appeal candidate?
No — 401 1st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$560.4K
2026 Q4
$562K
ZIP 55401 — Median Price History + Forecast

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